Sherman Athletic Club
- Assets
- $44.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman, IL
- Founding
- 04/1948
- Data as of
- 12/2023
- EIN
- 37-2857324
Organization Overview
Sherman Athletic Club is located in Sherman, IL. The organization was established in 1948. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sherman Athletic Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Sherman Athletic Club generated $43.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $38.9k during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE ENRIVONMENT FOR LOCAL EVENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $746 |
| Total Program Service Revenue | $12,490 |
| Membership dues | $6,021 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $129 |
| Total Revenue | $43,505 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,910 |
| Occupancy, rent, utilities, and maintenance | $20,083 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,933 |
| Total expenses | $38,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,907 |
| Other assets | $0 |
| Total assets | $44,907 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,907 |